2015 FIRST QUARTER TRADING UPDATE - TRADING IN LINE WITH EXPECTATIONS 15 May 2015

Coca‑Cola HBC AG, the second largest bottler of the brands of The Coca‑Cola Company, today announces its 2015 Q1 trading update.

First quarter highlights

Volumes increased in the quarter in all three segments compared to the prior-year quarter supported largely by four additional selling days and Easter phasing, with good performances in Nigeria, Poland, Romania, Hungary and the Czech Republic

Established market volumes declined on a like-for-like basis at a slower pace than in the prior-year quarter; revenue was boosted by strong currencies despite the deflationary pricing environment

In Emerging markets, a good volume performance was more than offset by adverse currency movements; the business in Nigeria performed very well across all categories in a seasonally important quarter, while Russia saw strong growth in Juice, which was offset by a decline in Sparkling

FX-neutral net sales revenue per unit case remained stable compared to the prior-year quarter; we focused our pricing initiatives on those Emerging markets most impacted by currency headwinds, while in Established and Developing markets, affordability was an important consideration for the business in a deflationary environment

Q1 2015 vs. Q1 2014 growth

Volume (%)

Net sales revenue (%)

Net sales revenue per unit case(%)

FX-neutral net sales revenue per unit case (%)

Total Group

7.2

1.7

-5.2

-

Established markets

3.4

5.1

1.7

-1.9

Developing markets

13.7

11.4

-2.0

-2.7

Emerging markets

7.4

-4.6

-11.1

4.1

Dimitris Lois, Chief Executive Officer of Coca‑Cola HBC AG, commented

“Trading was in line with expectations, delivering a solid quarter. The plans we put in place to stabilise volumes in Europe, and the pricing initiatives we implemented to mitigate the adverse impact of currencies in certain emerging markets have been effective.

“While there is still some uncertainty ahead, the initiatives we can deploy to mitigate the potential headwinds have been successful and we are encouraged by the results the business has delivered in the quarter.”

Conference call

Coca‑Cola HBC will host a conference call for investors and analysts to discuss the trading update for the first quarter of 2015 on 15 May 2015 at 10:00 am Swiss time (9:00am London, 11:00am Athens, and 4:00am New York). A recording of the call in downloadable MP3 format and its transcript will be made available on the Company website http://www.coca-colahellenic.com/investorrelations/financialresults.

Coca‑Cola HBC is the second-largest bottler of the brands of The Coca‑Cola Company in terms of volume with sales of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of approximately 590 million people. Coca‑Cola HBC offers a diverse range of non-alcoholic ready to drink beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca‑Cola HBC is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting its business in ways that protect and preserve the environment and contribute to the socio-economic development of the local communities.

Coca‑Cola HBC has a premium listing on the London Stock Exchange (LSE: CCH) and its shares are listed on the Athens Exchange (ATHEX: EEE). Coca‑Cola HBC is included in the Dow Jones Sustainability and FTSE4Good Indexes. For more information, please visit http://www.coca-colahellenic.com.